Company registration number: NI627753
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
Burkes of Cornascriebe (2014) Limited
Pages for filing with the Registrar
Company registration number: NI627753
Burkes of Cornascriebe (2014) Limited
Balance sheet
as at 30 November 2025
30 Nov 25 30 Nov 24
Note £ £ £ £
Fixed assets
Tangible assets 4 391,969 371,048
Investment property 5 1,140,715 808,666
1,532,684 1,179,714
Current assets
Stocks 4,424,394 4,244,887
Debtors 6 912,070 703,635
Cash at bank and in hand 623,744 496,471
5,960,208 5,444,993
Creditors: amounts falling due within one year
7 (1,301,135) (982,704)
Net current assets 4,659,073 4,462,289
Total assets less current liabilities 6,191,757 5,642,003
Provisions for liabilities (12,565) (8,607)
NET ASSETS 6,179,192 5,633,396
Capital and reserves
Called up share capital 94 94
Other reserves 1,871,575 1,871,575
Profit and loss account 4,307,523 3,761,727
TOTAL EQUITY 6,179,192 5,633,396
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: NI627753
Burkes of Cornascriebe (2014) Limited
Balance sheet - continued
as at 30 November 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 7 August 2026 and signed on its behalf by:
Mr W Burke, Director
7 August 2026
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Burkes of Cornascriebe (2014) Limited
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
Burkes of Cornascriebe (2014) Limited is a private company registered in Northern Ireland. Its registered number is NI627753. The company is limited by shares. Its registered office is 151 Markethill Road, Portadown, County Armagh, BT62 3SL.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Presentation currency
The company’s financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - Not Depreciated
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
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Burkes of Cornascriebe (2014) Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that been enacted or substantively enacted by the balance sheet date and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 21 (2024 - 21).
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Burkes of Cornascriebe (2014) Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 December 2024 315,459 150,647 466,106
Additions - 41,044 41,044
Disposals - (11,040) (11,040)
At 30 November 2025 315,459 180,651 496,110
Depreciation
At 1 December 2024 - 95,058 95,058
Charge for year - 13,887 13,887
Eliminated on disposal - (4,804) (4,804)
At 30 November 2025 - 104,141 104,141
Net book value
At 30 November 2025 315,459 76,510 391,969
At 30 November 2024 315,459 55,589 371,048
5 Investment property
£
Valuation
At 1 December 2024 808,666
Additions 332,049
At 30 November 2025 1,140,715
6 Debtors
30 Nov 25 30 Nov 24
£ £
Trade debtors 690,586 478,026
Other debtors 208,819 215,283
Prepayments and accrued income 12,665 10,326
912,070 703,635
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Burkes of Cornascriebe (2014) Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
7 Creditors: amounts falling due within one year
30 Nov 25 30 Nov 24
£ £
Trade creditors 939,065 538,344
Other creditors 14,596 5,090
Taxation 189,012 251,674
VAT payable 80,783 144,252
Social security and other tax 10,353 9,095
Accruals and deferred income 67,326 34,249
1,301,135 982,704
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